Claims
- 1. A method for assisting a user in the procurement of a advertisement for placement on at least one vendor Internet site including:
calculating a gross margin for said at least one product based on said desired margin; accessing performance data, said performance data related to said at least one vendor Internet site; determining the relative cost of a successful advertising event for said at least one product; and providing a advertisement price target.
- 2. The method recited in claim 1, wherein said determining step includes the following acts:
retrieving a desired margin for a sale of a set of at least one product; and applying a set of criteria in order to perform said providing of said advertisement price target based on said desired margin, said applying including evaluating said performance data.
- 3. The method as recited in claim 1, wherein said vendor Internet site is a search engine, said advertisement is in response to a keyword search on said search engine and said successful advertising event is a click-through.
- 4. The method as recited in claim 3, desired margin is based on a percentage of a cost of a click-through.
- 5. The method as recited in claim 3, wherein said desired margin is based on a net margin of said at least one product.
- 6. The method as recited in claim 3, wherein said set of criteria includes at least one of:
shipping cost of said at least one product, tax information, geographical information, preferred customer discounts and volume discounts.
- 7. The method as recited in claim 1, wherein said applying a set of criteria includes the act of linking with a financial software package.
- 8. The method recited in claim 3, wherein said method is automatically activated by a keyword auction alert.
- 9. The method as recited in claim 8, wherein said keyword auction alert monitors said at least one search engine.
- 10. The method as recited in claim 3, further including the act of monitoring said user's keyword bid.
- 11. The method as recited in claim 3, wherein said performance data includes at least data regarding keyword to click-through ratios.
- 12. The method as recited in claim 3, wherein said performance data includes click-through rates of one of more keywords of said at least one search engine.
- 13. The method recited in claim 3, further including the act of generating a list of alternate keywords.
- 14. The method as recited in claim 12, wherein the act of generating a list of alternate keywords includes generating common misspellings of said keyword.
- 15. The method as recited in claim 1, further including the act of recording the results of said bidding and storing in a central location.
- 16. The method as recited in claim 15, further including the act of providing permission, said access to said central location contingent on said permission being provided to said user.
- 17. A method for purchasing an advertising tool in order to generate sales for an e-commerce site that sells at least one product or service, and accessible through the Internet, wherein said advertising tool is placed on a advertising site in response to an action from a potential customer, and said advertising tool is sold by means of an electronic auction; and
wherein the improvement includes automatically providing a bidder with a target range for the purchase of said advertisement based on financial information regarding at least one product or service, a set of financial goals of seller of said at least one product or service, and, if available, data relating to the performance of said advertising site.
- 18. The method as recited in claim 17, wherein said advertising tool is a keyword place on a search engine site.
- 19. The method as recited in claim 17, further including the act of placing said bid in said electronic auction.
- 20. The method as recited in claim 17, wherein said financial information is generated from said seller's financial or accounting software.
- 21. The method as recited in claim 17, wherein said financial goals include a target margin for one of said at least one product or service.
- 22. The method as recited in claim 17, wherein said financial goals include a target rate of return based on the cost of said advertising tool.
REFERENCE TO PRIORITY DOCUMENTS
[0001] This application claims priority under 35 U.S.C. 119(e) my U.S. Provisional Application 60/______ entitled DYNAMIC MARGIN AND PRICING DECISION SUPPORT TOOL FOR CUSTOMER PROCUREMENT TRANSACTIONS filed on Mar. 26, 2003, which is hereby incorporate by reference for all purposes.
Provisional Applications (1)
|
Number |
Date |
Country |
|
60457794 |
Mar 2003 |
US |